Editor's note

In our May edition of The Agenda, we highlight some key areas of legal change relevant to corporate transactions across the board: new and updated Government guidance on the National Security and Investment Act regime aims to increase transparency and reduce the burden for businesses; and we assess the impact of the first batch of Companies House changes under the Economic Crime and Corporate Transparency Act. We reported in our February edition on updates to the exemptions to the UK's financial promotions regime: these have now been reversed.

This edition also has a particular focus on companies scaling up: we take a look at how the Government's proposal for a new platform allowing private companies to trade their shares on an intermittent basis ("PISCES") is shaping up, and in our "Tips for Start-up Success" podcast, we discuss how start-ups can get "investment ready".

Continuing our "Families in Business" series, we set out the key points to consider when transitioning into a family business, and finally, our Corporate Tax team discusses whether "cashback" payments are deductible for the purposes of Remote Gaming Duty calculations following a recent Tax Tribunal decision.